Steve Bannon Net Worth
Steve Bannon, an American media executive, political strategist, and former investment banker whose full name is Stephen Kevin Bannon has a net worth of $23 million as of 2023.
Biography of Steve Bannon
Stephen Kevin Bannon is a prominent figure in American media, politics, and finance. He served as the chief strategist in the White House during the initial seven months of Donald Trump’s presidency.
Before his political career, Bannon had a diverse background, including being an officer in the United States Navy for seven years in the late 1970s and early 1980s. Following his military service, he worked as an investment banker at Goldman Sachs for two years.
Bannon’s career took a turn in 1993 when he became the acting director of the research project Biosphere 2.
He later ventured into the entertainment industry as an executive producer in Hollywood, being involved in the production of 18 films from 1991 to 2016.
In 2007, he co-founded Breitbart News, a controversial website that he described as the platform for the alt-right movement.
In 2016, Bannon played a pivotal role in Donald Trump’s presidential campaign, eventually becoming the CEO of the campaign.
After Trump’s election victory, Bannon was appointed as the chief strategist and senior counsellor to the President.
However, his tenure in the White House was relatively short-lived, as he left the position after eight months and returned to Breitbart News.
Bannon’s relationship with Trump became strained when he was disavowed by the President for making critical comments that were reported in the book “Fire and Fury.” Subsequently, he also left Breitbart News.
After departing from the White House, Bannon continued to be politically active, opposing the Republican Party establishment and supporting insurgent candidates in Republican primary elections.
He aimed to foster a global populist movement and supported several national populist conservative political movements worldwide, even establishing a network of far-right groups in Europe.
However, Bannon faced legal troubles in August 2020 when he was arrested on federal charges of conspiracy to commit mail fraud and money laundering in connection with the “We Build the Wall” fundraising campaign.
He pleaded not guilty, but in January 2021, Trump pardoned him, preventing a federal trial. Nevertheless, Bannon was later charged in New York state court for fraud, money laundering, and conspiracy related to the same campaign.
Due to controversial statements made on social media, Bannon’s Twitter account was permanently suspended in November 2020.
Furthermore, he found himself in legal trouble again when he refused to comply with a subpoena from the Select Committee on the January 6 Attack in October 2021, resulting in federal charges of contempt of Congress.
In July 2022, Bannon was convicted on two counts of contempt of Congress in a jury trial and was sentenced to four months in prison along with a $6,500 fine. He is currently appealing his conviction, and his sentence is on hold pending the appeal.
How old is Steve Bannon?
The American media executive, political strategist, and former investment banker was born on November 27, 1953 in Norfolk, Virginia, United States of America. However, Steve Bannon’s age is 70 years old as of 2023.
As a political, Stephen Kevin Bannon’s political party is Republican.
Who are Steve Bannon father and mother?
Stephen Kevin Bannon’s parents are Doris (née Herr), a homemaker, and Martin J. Bannon Jr., who worked as an AT&T telephone lineman and as a middle manager.
He is of Irish and German descent.
Education
After completing his high school education at Benedictine College Preparatory, a private Catholic military high school in Richmond, Virginia, in 1971, Bannon proceeded to attend Virginia Tech.
During his time there, he actively participated in the student government association and eventually became its president. Additionally, he worked at a local junkyard during the summer breaks.
In 1976, Bannon obtained his bachelor’s degree in urban planning from the Virginia Tech College of Architecture and Urban Studies.
Following this, while serving in the Navy, he pursued further studies and earned a master’s degree in national security studies from the prestigious Georgetown University School of Foreign Service in 1983.
Determined to expand his knowledge and skills, Bannon enrolled at Harvard Business School and graduated with honours, attaining a Master of Business Administration degree in 1985.
Steve Bannon Wife
Bannon has been through three marriages and divorces in his lifetime. These unions have resulted in him having three adult daughters.
He had his first marriage with Cathleen Suzanne Houff, and they had a daughter named Maureen in 1988. Unfortunately, the marriage ended in divorce.
Subsequently, Bannon himself married Mary Louise Piccard, a former investment banker, in April 1995. Interestingly, they welcomed their twin daughters just three days after the wedding.
However, the marriage faced difficulties, and Piccard filed for divorce in 1997. During the divorce proceedings, Piccard accused Bannon of making antisemitic remarks about her choice of schools for their children.
She claimed that he expressed reluctance to send their children to The Archer School for Girls, citing the presence of too many Jewish students and alleging that he believed Jewish parents raised their children to be “whiny brats.”
In response, Bannon’s spokesperson refuted the allegation, asserting that Bannon himself had chosen to send both children to The Archer School.
Bannon’s third marriage was with model Diane Clohesy. They got married in 2006 but parted ways in 2009, resulting in a divorce.
It’s worth noting that Bannon’s brother, Chris Bannon, is involved in the television production industry.
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